Thornton Company has an old factory machine that cost $50,000. The machine has accumulated depreciation of $28,000. Thornton has decided to sell the machine. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

(a) What entry would Thornton make to record the sale of the machine for $25,000 cash?

(b) What entry would Thornton make to record the sale of the machine for $15,000 cash?